Health care expenses are outpacing many employers’ revenue growth.
Noveta Health focuses on their clients’ needs and aligns them with solutions to gain more control and transparency. Their solutions result in 25–45 percent savings in clients’ health care spending without changing current plan designs.
Noveta Health delivers innovative solutions that empower their clients to navigate health care options. They focus on cost containment and do not compromise the quality of benefits. They do not sell health insurance; they offer advice on how to purchase it.
Laser-focused on addressing client needs and embracing client challenges, Noveta Health works as a partner to proactively achieve long-term goals while protecting clients’ interests at every turn. They work tirelessly to strengthen their clients’ benefits with innovative insurance solutions, employee benefits consulting, and HR support.
What Noveta Health Can Offer
- Cost containment solutions on all benefits
- Comprehensive benefits programs
- Human resources and employee support
- Transparency on the cost of health care
- Understanding the health of a client’s population innovative solutions to improve chronic illnesses
- Reducing the cost of health care by 25–45 percent
- Strategically addressing three main cost drivers:
- Administrative
- Health care
- Pharmacy
Liviniti understands everyone is focused on controlling costs, and health care is one of the three top expenditures within a budget. Their solution does not impact employees but can save 40 percent on pharmacy costs, driving down annual health care expenses.
In an industry known for complicated pricing and profit models, cost of pharmacy transparency makes a difference—with a clear path to reduced drug costs while never compromising the quality of benefits. CIC wishes to offer a deeper level of Pharmacy Benefit Manger (PBM) knowledge and appreciation for true transparency of cost drivers, resulting in better financial and operational outcomes for an institution’s health plan.
What Liviniti Can Offer
- A transparent Pharmacy Benefit Model (PBM) with pass-through fee-based pricing while returning 100 percent manufacturer rebates to clients
- Savings up to 40 percent on pharmacy costs with pass-through pricing model, clinical approach, and unique drug sourcing program while not changing current plan design
- Assistance to meet Fiduciary Duty under ERISA
Point of Contact for Noveta Health and Liviniti
Sue Russell
Director of Client Relationships
Srusselll@novetahealth.com
(410) 703-0956